The More __________ a Company's Supply Chain, the More Difficult

question 35

Multiple Choice

The more __________ a company's supply chain, the more difficult it is to ensure that the supply chain is managed ethically.

• A)interconnected
• B)global
• C)visible
• D)shortened
• E)Competitive

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Definitions:

Vertical Contracts

Agreements between firms at different levels in the supply chain, such as manufacturers and retailers, to govern the terms of their relationship.

Customers' Goals

The specific objectives or desired outcomes that consumers aim to achieve through the purchase or use of products and services.

Antitrust Enforcement

Government activities aimed at preventing anti-competitive practices, mergers, and monopolies to promote fair competition.

Market Power

The ability of a company or group to manipulate the price of an item in the market by controlling its supply, demand, or both.